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W. Michael McCormick is stepping down from the Independent Cities Finance Authority (“ICFA”) Board, where he has actively served since 1987. He was elected as ICFA board President in 1997, and has held that position for the past 19 years. Mr. McCormick has been a resident of the City of Vernon since 1969, where he […]

ICFA is proud to announce that its tradition of aiding communities will continue with participation in the State of California Solar Initiative’s Multi-Family Affordable Solar Housing (MASH) Program. The MASH program will provide incentives to install solar panels in mobile home parks, pushing energy efficiency into a cornerstone of the affordable housing marketing in California. […]

Sylvia Ballin was elected to serve on the San Fernando City Council on March 8, 2011. She served as Mayor there from March 2014-2015. She was re-elected on March 2015 to serve another four-year term, and was selected by her peers to serve as Vice-Mayor for 2015-2016. Prior to serving on the council, she served […]

The Independent Cities Finance Authority is proud and excited to announce that in July of 2015, we expanded our presence with additional office space in downtown Los Angeles. The new office is conveniently located in the heart of Los Angeles to give our clients in Southern California easier access to our services and expertise. ICFA […]

At the October 2015 ICFA Board of Directors meeting, the Board approved financing a $11.5 million bond refunding of a manufactured home community located in Tulare County in the City of Visalia – Mooney Grove Mobile Manor. The project will be a joint effort, carried out by Augusta Communities and its affiliate, Villa Del Arroyo […]

We are pleased to announce that Gil Hurtado is the newly appointed Vice President for Independent Cities Finance Authority, replacing Mario Gomez from the City of Huntington Park. Hurtado has been serving for ICFA since 2005. “Independent Cities Finance Authority’s interest in creating affordable housing is something that really encouraged me to join in,” commented […]

ICFA is proud to announce their support of the Home Buyer LA Event coming up on Saturday, May 9, 2015, at California State University Los Angeles. This special event will launch 200 new homebuyers in the Los Angeles-area real estate market by introducing them to exciting government home buying assistance programs. Home Buyer Event LA will also […]

After serving more than 20 years for the City of Huntington Park and three terms on the City Council, Mario Gomez has termed out of council. Mario served for eight years as a Huntington Park City Planning Commissioner, prior to being elected to the council first in 2003, in 2007, and again in 2011. Mario […]

At the February 2015 ICFA Board of Directors meeting, a motion was approved to finance a $38 million bond refunding of two manufactured home communities located north of San Diego in the City of San Marcos – Palomar East Estates and Palomar West Estates. The project will be a joint effort, carried out by Millennium […]

In an effort to increase awareness of ICFA, the organization is embarking on efforts to cement its relationship with current members, connect members with the full benefits of their membership, and recruit new members to the team. To aid in this effort, ICFA has engaged Sara Appel as the new Member Liaison. Sara’s role […]

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ICFA was the driving force behind the execution of Downey Regional Medical Center’s successful bankruptcy exit. There were literally hundreds of moving piece, and ICFA made sure all the appropriate disclosures, filings, and agreements were well drafted, agreed to, and executed in a timely manner.Rob Fuller , Executive VP and COO of Downey Regional Medical Center